...CITY UNIVERSITY OF SEATTLE Country and Culture Assignment: United States International Business May 1st, 2014 Country and Culture Assignment: United States Treaties are celebrated in order to beneficiate two or more countries in specific aspects, the TLCAN was celebrated in 1994, with the main purpose of incrementing the United States, Canada and Mexico competitiveness in the rest of the world. How? Eliminating import and export duties, commercial liberation in some products, among others. Since the end of World War I, the United States has remained as the world’s most powerful nation state, with a population of 318,892,103, the head of state Barack Obama has been able to lead his country into an economic growth in the past years. Low inflation and unemployment, rapid advances in technology and a steady economic growth is what has characterized the US in the past years. This country which its capital city is Washington, D.C. is strategically located in North America bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico, allowing it to be close to many developing economies, where the U.S. can take advantage of a low cost human labor. According to the CIA, this country has one of the largest and powerful technology economies in the whole world, with a GDP per capita of $49,800. The private sector and individuals are the ones that make the decisions, and the government buys out from them whatever is needed. The U.S. has...
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...work together not for profit earned but for welfare of public Like :- Cultural club , charity groups , sports group etc . are some of the examples of clubs , societies & Associations . RECOMMENDATION :- I think partnership is the the best option for running a new business . Firstly partnership firm is easy to form without any compulsory legal formalities . In partnership firm you can share workloads with partners . Responsibilities of work are not on one person . There is also Tax Benefit in case of partnership profit amount only tax once because partners report their share on individual tax returns . n case of Partnership usually owners are the Managers of business , So it is easy to manage & to take decisions Quickly without a lot of beurocracy . Ability & Experience Different people have different qualities and abilities which can be useful in case of partnership firm . In partnership Firm Profit is shared on agreed Ratio so the Risk is also shared in that ratio. So Comparison to Sole Tarde & Other Types of Business Forming Partnership is good one . But Partnership firm is successful if we found best and valuable partners for forming Partnership Firm So we have to Choose Partners for our Business Very Carefully . It will e the best if we choose our partner for business in that country where we are going to start our business . SUMMARY International Business is Very Beneficial and Popular these days . International Business is Beneficial for both exporting & Importing Country...
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